Canara Bank v. Soumik Chatterjee
Case brief
What is this about?
Debts Recovery Tribunal disposed of an original application and accompanying interim applications on non-prosecution grounds following a settlement between the bank and the debtors, including the realization of the settled amount and issuance of a No Due certificate.
What did the court decide?
The original application and pending interim applications were disposed of as withdrawn and settled amicably. The applicant was directed to return the original Title Deed within 15 days.